Key Points
- Mitie Group insider Phillip Bentley bought 72 shares at GBX 208 each, for a total of £149.76, on August 13.
- Bentley previously sold 248,985 shares in June for approximately £410,825, making the latest purchase small relative to that sale.
- Mitie shares opened at GBX 208.12, near their 52-week high, while analysts maintained a consensus “Moderate Buy” rating with an average target price of GBX 192.20.
Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley acquired 72 shares of the business's stock in a transaction on Thursday, August 13th. The stock was acquired at an average price of GBX 208 per share, with a total value of £149.76.
Phillip Bentley also recently made the following trade(s):
- On Monday, June 8th, Phillip Bentley sold 248,985 shares of Mitie Group stock. The shares were sold at an average price of GBX 165, for a total value of £410,825.25.
Mitie Group Price Performance
Shares of LON MTO opened at GBX 208.12 on Tuesday. The firm has a market capitalization of £2.71 billion, a P/E ratio of 34.12, a PEG ratio of 10.10 and a beta of 0.90. Mitie Group plc has a one year low of GBX 134.80 and a one year high of GBX 214. The company's fifty day moving average is GBX 174.93 and its two-hundred day moving average is GBX 174.81. The company has a debt-to-equity ratio of 107.60, a quick ratio of 0.83 and a current ratio of 0.89.
Mitie Group (LON:MTO - Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The company reported GBX 13.60 earnings per share (EPS) for the quarter. The business had revenue of GBX 561.86 billion during the quarter. Mitie Group had a net margin of 1.47% and a return on equity of 15.86%. Analysts forecast that Mitie Group plc will post 10.9360519 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on MTO. Royal Bank Of Canada lowered their target price on shares of Mitie Group from GBX 205 to GBX 200 and set an "outperform" rating on the stock in a research report on Friday, June 5th. Berenberg Bank reissued a "buy" rating and set a GBX 230 price target on shares of Mitie Group in a research note on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 195 price target on shares of Mitie Group in a report on Monday, June 8th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 192.20.
View Our Latest Report on MTO
Mitie Group Company Profile
(
Get Free Report)
Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.
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